City and Nat CORE plan 19 affordable apartments downtown
San Clemente government approves a 7.3 million development with National Community Renaissance to build a 2 to 3 story affordable building at 107 to 115 Avenida Serra. City to sell land and provide a 3.4 million loan to back costs with rent at 998 dollars. Eligibility targets households up to three with income under 49 860. 55 year affordability and downtown priority. Construction could start 2015 and finish in 18 months.
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